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VirnetX Holding Co. (NYSEAMERICAN:VHC) CEO Kendall Larsen sold 75,000 shares of VirnetX stock in a transaction on Tuesday, January 22nd. The shares were sold at an average price of $5.35, for a total transaction of $401,250.00. Following the completion of the sale, the chief executive officer now directly owns 6,404,710 shares of the company’s stock, valued at approximately $34,265,198.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Kendall Larsen also recently made the following trade(s):

  • On Tuesday, January 15th, Kendall Larsen sold 75,000 shares of VirnetX stock. The shares were sold at an average price of $4.28, for a total transaction of $321,000.00.

NYSEAMERICAN VHC opened at $5.20 on Friday. VirnetX Holding Co. has a 12-month low of $2.10 and a 12-month high of $6.44.

VirnetX (NYSEAMERICAN:VHC) last posted its quarterly earnings data on Thursday, November 8th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter.

Institutional investors and hedge funds have recently bought and sold shares of the business. Winslow Evans & Crocker Inc. purchased a new position in VirnetX during the 4th quarter worth $42,000. Virtu Financial LLC purchased a new position in VirnetX during the 4th quarter worth $43,000. Jane Street Group LLC purchased a new position in VirnetX during the 3rd quarter worth $144,000. Fifth Third Bancorp boosted its holdings in VirnetX by 42.9% during the 3rd quarter. Fifth Third Bancorp now owns 50,000 shares of the technology company’s stock worth $233,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in VirnetX by 31.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 277,236 shares of the technology company’s stock worth $942,000 after acquiring an additional 66,331 shares during the last quarter.

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About VirnetX

VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company in the United States and internationally. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure real-time communications over the Internet, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems.

Read More: Momentum Investing

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(Excerpt) Read more Here | 2019-01-26 14:01:18
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